Key highlights:
- Morgan Stanley’s spot ETH and SOL ETFs are now live on NYSE Arca
- Both funds charge a market-leading 0.14% expense ratio
- Investors will also receive staking rewards on the fund
Ally Wallace, Global Head of ETFs at Morgan Stanley Investment Management, said the new products mark the next step in expanding the firm’s ETF offerings.
“Since introducing our first ETFs in 2023, we’ve built a diversified suite of ETFs and ETPs that now exceed $14 billion in assets under management,” She said. “The addition of MSSE and MSOL reflects the natural evolution of our product suite.”
Experts shared that the low fees and staking rewards could make these funds very attractive to all investors. Eric Balchunas alluded to the firm’s massive wealth management network. He shared that the launch could have an impact on the crypto ETF market because of the bank’s large client base.
Source:: Morgan Stanley Launches Ethereum and Solana ETFs with Staking Rewards